Adjustment
Factor Applicable to a Claim
The
price adjustment is determined by the date when the claim is initially filed
with the importer. E.g. If a claim
is filed with the importer by his customer in June then the claim will be based
on the adjustment factor that will be published on the MICA website as “May
Prices for June Claims”.
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Adjustment per 1% point of
lean - USc/lb |
2.36 |
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December Prices for January
Claims |
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Weighted Average Prices USDA
closing quotes, National |
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Fresh
50s |
Fresh
90s |
Fresh
95s |
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1-Dec |
35.40 |
128.77 |
138.77 |
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Item |
%
Lean |
Price |
Formula |
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4-Dec |
35.21 |
129.50 |
139.50 |
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5-Dec |
34.62 |
130.15 |
140.15 |
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Imp
90s |
90 |
100.00 |
35.00% |
31.50 |
35.00 |
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6-Dec |
35.40 |
130.00 |
140.00 |
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Imp
89s |
89 |
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0.00 |
0.00 |
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7-Dec |
35.13 |
127.96 |
137.96 |
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LFTB |
92 |
107.95 |
15.00% |
13.80 |
16.19 |
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8-Dec |
35.35 |
126.19 |
136.19 |
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Dom
90s |
90 |
127.95 |
19.25% |
17.32 |
24.63 |
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11-Dec |
34.45 |
127.34 |
137.34 |
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Dom
50s |
50 |
33.35 |
30.75% |
15.37 |
10.26 |
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12-Dec |
34.54 |
128.00 |
138.00 |
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100.00% |
78.00 |
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13-Dec |
35.13 |
129.90 |
139.90 |
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78.00 |
86.08 |
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14-Dec |
35.84 |
128.98 |
138.98 |
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15-Dec |
34.86 |
126.82 |
136.82 |
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Item |
%
Lean |
Price |
Formula |
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18-Dec |
32.10 |
127.43 |
137.43 |
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19-Dec |
32.66 |
129.11 |
139.11 |
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Imp
90s |
90 |
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0.00 |
0.00 |
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20-Dec |
27.57 |
127.69 |
137.69 |
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Imp
89s |
89 |
97.64 |
35.00% |
31.15 |
34.17 |
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21-Dec |
31.23 |
126.97 |
136.97 |
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LFTB |
92 |
107.95 |
15.00% |
13.80 |
16.19 |
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22-Dec |
30.58 |
125.53 |
135.53 |
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Dom
90s |
90 |
127.95 |
20.12% |
18.11 |
25.75 |
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25-Dec |
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Dom
50s |
50 |
33.35 |
29.88% |
14.94 |
9.96 |
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26-Dec |
30.20 |
126.72 |
136.72 |
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100.00% |
78.00 |
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27-Dec |
32.33 |
128.01 |
138.01 |
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78.00 |
86.08 |
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28-Dec |
32.13 |
127.42 |
137.42 |
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29-Dec |
32.30 |
126.42 |
136.42 |
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Average |
33.35 |
127.95 |
137.95 |
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